John L. Harper - 04 Mar 2025 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Signature
/s/ John L. Harper
Issuer symbol
ROAD
Transactions as of
04 Mar 2025
Net transactions value
$0
Form type
4
Filing time
06 Mar 2025, 16:43:05 UTC
Previous filing
19 Dec 2024
Next filing
15 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROAD Class A Common Stock Award $0 +2,060 +1.3% $0.000000 165,389 04 Mar 2025 Direct F1, F2
holding ROAD Class A Common Stock 1,000 04 Mar 2025 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction represents a grant of restricted shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") with time-based vesting criteria under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2025, 2026, 2027 and 2028. Under the terms of the award agreement, the reporting person has sole voting power with respect to the shares.
F2 Includes 33,497 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 28,841 shares on September 30, 2025, (ii) 2,698 shares on September 30, 2026, (iii) 1,443 shares on September 30, 2027, and (iv) 515 shares on September 30, 2028. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the shares.